Window to Replace CD for Additional Cost to Bank over Original | From Month | | To Month | |
Expected Timing to Refinance for Maximum Cost to Bank | Months Into | | Remaining | |
Maximum Cost to Bank Net of Penalty at Maturity from Replacement CD | |
Forward Implied Yield on Replacement CD at Maximum Cost to Bank | |
Option-Adjusted Estimated Cost (Average Yield on Full Term - Original CD, Penalty & Replacement CD) | |
Estimated Value of Option (Option-Adjusted Yield less Original Rate) | |
CD Revolution®, Rights Protected by U.S. Patent Number 8,140,419 March 20,2012.